Comments on: GBP/CHF: Could rise 30 big figures without endangering bear trend https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/ The Professional Source Tue, 21 May 2013 21:37:36 +0000 hourly 1 By: Sean Lee https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20927 Tue, 21 May 2013 21:37:36 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20927 Many thanks Kirill, got it

]]> By: Kirill https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20926 Tue, 21 May 2013 19:49:58 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20926 Sean. UK is trying to stabilize, butt US looks worrisome. so not sure. check email.

]]> By: Sean Lee https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20922 Tue, 21 May 2013 11:08:32 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20922 I think you are right Kirill, and that from someone who made an entire career out of selling sterling 🙂 I get the feeling that the market is very bearish, and very short in structural and speculative sense. All that adds up to dangerous mix. You getting any insights from your specialist field??

]]> By: Kirill https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20921 Tue, 21 May 2013 09:36:20 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20921 Sean, I got an impression that you are becoming GBP mega bull)))) and it is across the board… I am still waiting for some good selloff to jump on that train, hope it will happen sooner than later, cheers.

]]> By: Sean Lee https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20916 Tue, 21 May 2013 04:50:08 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20916 Hi Peter, here is what I think is going to happen; I think USD/CHF will trade roughly 94/108ish for rest of year so its reasonably ‘cheap’ near current levels. I think cable will trade 148/162 ish. As an old cross trader, rather than buy GBP/CHF, I prefer to buy dips in both pairs and trade it that way. Impossible to say what definitive levels will be.

]]> By: Peter https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20914 Tue, 21 May 2013 03:50:36 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20914 Hi Sean,

For we “Johnny come latelies” on USD/CHF, what sort of initial entry levels do you feel would be OK if it does dip back down again? I’m tossing up between USD/CHF and GBP/CHF.

]]> By: Sean Lee https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20911 Tue, 21 May 2013 03:36:55 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20911 Yes I would Matt, obviously getting the timing right is very important but I do think that sometime quite soon we will witness a major GBP short-covering rally. EUR/GBP has been fairly slow and I haven’t followed the exact levels but yes would definitely prefer to sell rallies

]]> By: matt https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20910 Tue, 21 May 2013 03:31:01 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20910 Hi Sean. Would you sell Eur/GBP rallies?

]]> By: anil https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20909 Tue, 21 May 2013 03:30:09 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20909 Sean——-thank u

]]> By: Sean Lee https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20908 Tue, 21 May 2013 02:14:28 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20908 For a medium term trade I’d say anywhere around 14525/50 would be the ideal entry level

]]> By: anil https://fxww.com/gbpchf-could-rise-30-big-figures-without-endangering-bear-trend/#comment-20907 Tue, 21 May 2013 01:47:08 +0000 http://381c099c8f.nxcli.net/?p=7814#comment-20907 Sean—what would be a good buy level re:gb/chf

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